While Adient plc has overperformed by 1.33%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ADNT fell by -52.52%, with highs and lows ranging from $37.12 to $16.43, whereas the simple moving average fell by -28.15% in the last 200 days.
On December 16, 2024, Wells Fargo Downgraded Adient plc (NYSE: ADNT) to Equal Weight. A report published by BofA Securities on November 21, 2024, Downgraded its rating to ‘Neutral’ for ADNT. Deutsche Bank also rated ADNT shares as ‘Hold’, setting a target price of $24 on the company’s shares in an initiating report dated September 10, 2024. Exane BNP Paribas July 01, 2024d its ‘Underperform’ rating to ‘Neutral’ for ADNT, as published in its report on July 01, 2024. Barclays’s report from April 10, 2024 suggests a price prediction of $37 for ADNT shares, giving the stock a ‘Equal Weight’ rating. UBS also rated the stock as ‘Neutral’.
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Analysis of Adient plc (ADNT)
Further, the quarter-over-quarter decrease in sales is -4.48%, showing a negative trend in the upcoming months.
One of the most important indicators of Adient plc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 0.83% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.90, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and ADNT is recording 1.14M average volume. On a monthly basis, the volatility of the stock is set at 4.28%, whereas on a weekly basis, it is put at 4.09%, with a gain of 1.45% over the past seven days. Furthermore, long-term investors anticipate a median target price of $24.11, showing growth from the present price of $17.52, which can serve as yet another indication of whether ADNT is worth investing in or should be passed over.
How Do You Analyze Adient plc Shares?
The Auto Parts market is dominated by Adient plc (ADNT) based in the USA. When comparing Adient plc shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 76.41, there is a growth in quarterly earnings of -35.86%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.28%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 101.86% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ADNT shares are owned by institutional investors to the tune of 101.86% at present.
